The engineer in charge of the construction shall furnish to the contractor monthly estimates of the amount of work done on each section, and upon filing the estimates with the county clerk, the county mayor shall draw a warrant in favor of the contractor for eighty percent (80%) of the value of the work done according to the estimate.
Structure 2021 Tennessee Code
Title 54 - Highways, Bridges and Ferries
Chapter 12 - Road Improvement Districts
§ 54-12-303. Successors of Directors — Appointment
§ 54-12-310. Bond or Cash Deposit Required of Successful Bidders
§ 54-12-312. Bond Required of Engineer
§ 54-12-313. Compensation of Engineers
§ 54-12-315. Warrant to Contractor for Balance Due on Completion of Work